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The result of "carbon tax" is as follows:

Keppel claims the first adoption of carbon mineralized concrete in Vietnam
News

Keppel claims the first adoption of carbon mineralized concrete in Vietnam

To embrace the green building transformation trend, Keppel, Singapore's largest multinational corporation, signed a Memorandum of Understanding (MOU) with Vietnamese concrete company FiCO Pan-United and construction firm Coteccons in early May.
May 23, 2024
How businesses drive data center decarbonization amid growing data volume
News

How businesses drive data center decarbonization amid growing data volume

Leading telecom operator Chunghwa Telecom and uninterruptible power supply (UPS) system provider Eaton shared their solutions to carbon reduction through energy management at a forum titled "Green miracle for data centers" on May 22.
May 23, 2024
Japan passes new legislation to facilitate CCS implementation
News

Japan passes new legislation to facilitate CCS implementation

Japan passed a law on May 17 to establish a permit system for business operators, facilitating the implementation of Carbon Capture and Storage technology, which captures carbon dioxide from industrial emissions and stores it deep underground.
May 21, 2024
Vietnam's steel industry faces challenges with upcoming EU carbon tariffs
News

Vietnam's steel industry faces challenges with upcoming EU carbon tariffs

Since 2015, Vietnam has been the leading producer and consumer of finished steel products in the ASEAN region. However, with the European Union's imminent imposition of carbon tariffs, local industry players admit that it is "impossible" for the country's
May 20, 2024
Malaysia to introduce CCUS regulatory framework, eyes global leadership
News

Malaysia to introduce CCUS regulatory framework, eyes global leadership

Malaysia's Economy Minister Rafizi Ramli has announced that the government will present a progressive regulatory framework bill for Carbon Capture, Utilization, and Storage. The bill is expected to be submitted to the Cabinet in November.
May 17, 2024
Microsoft asks 100% renewable energy for suppliers by 2030 amid data center expansion
News

Microsoft asks 100% renewable energy for suppliers by 2030 amid data center expansion

Tech giant Microsoft is demanding that its primary suppliers use 100% renewable energy by 2030. This move underscores the pressure stemming from the company's significant expansion of data centers, which has led to a surge in carbon emissions.
May 17, 2024
Three reasons why Taiwanese businesses favor nuclear power
News

Three reasons why Taiwanese businesses favor nuclear power

As the RE100 target and carbon tariffs are established internationally, demand for green electricity is escalating. However, voices in Taiwan's business community supporting nuclear power are growing stronger, prompting the new government to re-examine it
May 16, 2024
Vietnam promises stable power supply to attract chip investments
News

Vietnam promises stable power supply to attract chip investments

To attract foreign investment in industries such as semiconductors, Vietnam has not only offered tax reductions but also promised sufficient power supply and infrastructure to avoid a recurrence of last year's power shortage crisis.
May 15, 2024
Malaysia carbon exchange to auction first local nature-based carbon credits in July
News

Malaysia carbon exchange to auction first local nature-based carbon credits in July

The Malaysia Carbon Exchange (BCX) will auction its first batch of locally generated carbon credits on July 25. This event marks the expansion of its product offering to include local carbon credits in addition to global carbon credits.
May 15, 2024
Shell accused of selling 200 million of “phantom carbon credits”
News

Shell accused of selling 200 million of “phantom carbon credits”

Energy giant Shell is accused of selling "phantom carbon credits" through a Canadian carbon capture project, which not only generated an additional revenue of 200 million Canadian dollars (about 140 million USD) but captured only half of the amount claime
May 13, 2024
Shipping carbon surcharge: Fair pricing or profiteering?
Research

Shipping carbon surcharge: Fair pricing or profiteering?

According to the International Maritime Organization (IMO), carbon emissions from the maritime industry account for 3% of the world's total. To accelerate industry decarbonization, the EU has included the maritime sector in its Emissions Trading System (E
May 10, 2024
Vietnamese localities expand efforts to develop carbon credit market
News

Vietnamese localities expand efforts to develop carbon credit market

Localities throughout Vietnam are undertaking activities to develop the carbon credit market.
May 08, 2024
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